Cities never flourish alone. They have to be trading with other cities. My new hypothesis shows why. But also in trading with each other they can't be in too different stages of development, and they can't copy one another.
Jane JacobsThe entrepreneurial investors of the time just want to repeat themselves indefinitely and don't know when to stop. You can't do that. And so finally the housing boom, or the auto boom, or whatever it is that's been carrying things along, runs out of customers.
Jane Jacobs